Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Subsequent Events

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Subsequent Events
12 Months Ended
Dec. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events

Note R – Subsequent Events

On February 26, 2018, the Compensation Committee of the Board of Directors granted 1,585,000 options to certain executive officers and key employees of the Company. The options were granted at a price of $8.03 per share and had a weighted average fair market value of $2.60 per option for a total fair market value of approximately $4.1 million. We expect our stock option compensation expense to increase by approximately $2.1 million, $1.4 million, $566,000, and $71,000 in the years ended December 31, 2018, 2019, 2020 and 2021, respectively.